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UK economy likely to avoid recession based on latest PMI data
(Alliance News) - The UK economy is likely to avoid a recession this year, according to Pantheon Macroeconomics, as the latest PMI data showed services leading the private sector into...
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Gold shines as price hits an all-time high
(Alliance News) - Gold captured attention on Monday, with its price hitting a new all-time height and since pulling back....
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US manufacturing suffers in November despite end of automotive strikes
(Alliance News) - The US manufacturing sector continued its contractionary tend in November, raising concerns among analysts that the world's largest economy is "stuck in a rut"....
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UK house prices show monthly rise but "don't get too excited"
(Alliance News) - The annual pace of decline in UK house prices eased slightly in November, according to new data from Nationwide on Friday, but according to analysts a "material...
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Eyes turn to Beijing government as China economic data remains poor
(Alliance News) - China's factory activity contracted again in November, new data on Thursday showed, adding to the heap of issues facing the Chinese economy....
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UK mortgage approvals up as "direction of travel" for rates is down
(Alliance News) - The trough in UK mortgage approvals is "behind us", data from the Bank of England suggested, though with interest rates at robust territory, a return to pre-virus...
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Fall in shop price inflation welcomed but fresh headwinds lie ahead
(Alliance News) - A further easing in shop price inflation was warmly welcomed but retail chiefs and City analysts warned that recent measures taken by the government could scupper further...
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Oil prices stage recovery but Opec+ remains under spotlight
(Alliance News) - The price of oil recovered somewhat on Friday, edging above the USD81 mark, after dropping following the unexplained postponement of the Opec+ meeting....
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Not a "strong growth driver in sight" for Germany amid fiscal woes
(Alliance News) - Whilst business sentiment in Germany improved slightly this month, analysts are still feeling fairly sombre about the country's economic prospects....
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Rise in UK consumer confidence gives green light to Black Friday
(Alliance News) - UK consumer confidence bounced back in November, figures on Friday showed, giving retailers much needed encouragement amid the key Black Friday weekend and the run-up to Christmas....
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